How To Fix 60241 - Asset is not real estate

60241 - Overview

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 241

• Message text: Asset is not real estate

What causes this issue?

You are trying to assign an asset to the property which is not defined
as a real estate asset.

System Response

The allocation is rejected.

How to fix this error?

Assign a real estate asset to the property.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60241 - Asset is not real estate ?

  The SAP error message 60241, "Asset is not real estate," typically occurs in the context of asset accounting when a user attempts to perform an operation that is only applicable to real estate assets, but the asset in question is not classified as such.
  
  Cause:
  
  Asset Classification: The asset you are trying to work with is not classified as a real estate asset in the system. This could happen if the asset was created with a different asset class that does not include real estate functionalities.
  Transaction Type: The transaction you are trying to execute (e.g., transfer, sale, or depreciation) may only be valid for real estate assets.
  
  Configuration Issues: There may be configuration settings in the asset accounting module that are not set up correctly for real estate management.
  
  
  Solution:
  
  Check Asset Class: Verify the asset class of the asset in question. If it is not set to a real estate asset class, you may